Salam, I have saved 21,000$ uptill now to buy some property so do i have to pay zakat on it ? And its not saved for one year it just adds up every month and i keep it with me
Jun 8th, 2016
Wa alaikum salam,
Yes, you must give zakat on that. Designate a date and always give 2.5% on whatever had accumulated in that day every year.